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Company News Summary

James Hardie Industries Provides Investor Roadshow Presentation September 2017/ October 2017

07 Sep 2017  |  09:06:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Investor Roadshow Presentation September/October 2017

James Hardie Industries provided investor roadshow presentation September 2017/ October 2017. Management expects full year adjusted net operating profit to be between US$240m and US$280m assuming, among other things, housing conditions in the US continue to improve in line with assumed forecast of new construction starts between 1.2 and 1.3m and input prices remain consistent and an average USD/AUD exchange rate that is at or near current levels for the remainder of the year. US$30.3m spent on R&D in FY2017 and US$7.6m in 1Q FY2018.

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